By Tony Bailey, EVP of InterVision Systems on September 5, 2024
AI has the potential to revolutionize business, yet its implementation remains out of reach for most organizations. This is because proprietary AI engines require a massive amount of data and capital to operate. Additionally, successful AI deployment is far more challenging than hype cycles suggest. As of Q4 2023, eight of 10 enterprise AI projects have already failed.
But don’t let this statistic suggest that AI can be ignored. Quite the contrary: Top Tech investors agree that ignoring the “AI revolution” is dangerous. Therefore, the question isn’t “Should I implement AI,” but rather, “How will I implement AI?”
With AWS Bedrock, Amazon has provided a compelling answer to this question. The company made waves in September 2023 by expanding its generative AI (GenAI) application builder from beta testing to general availability. Now, organizations leveraging Bedrock have the opportunity to significantly scale their GenAI applications with improved ethics- and privacy-focused guardrails. But how should businesses looking to accelerate their AI offerings get started?
